NewEdge Advisors LLC Raises Stock Position in Digital Realty Trust, Inc. $DLR

NewEdge Advisors LLC lifted its holdings in Digital Realty Trust, Inc. (NYSE:DLR - Free Report) by 88.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 43,832 shares of the real estate investment trust's stock after buying an additional 20,513 shares during the period. NewEdge Advisors LLC's holdings in Digital Realty Trust were worth $7,871,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in DLR. California State Teachers Retirement System raised its stake in shares of Digital Realty Trust by 20,892.8% during the second quarter. California State Teachers Retirement System now owns 89,457,597 shares of the real estate investment trust's stock valued at $16,064,795,000 after acquiring an additional 89,031,462 shares in the last quarter. BlackRock Inc. purchased a new stake in shares of Digital Realty Trust in the 2nd quarter worth approximately $7,277,032,000. Cohen & Steers Inc. boosted its stake in shares of Digital Realty Trust by 18.0% during the fourth quarter. Cohen & Steers Inc. now owns 28,001,340 shares of the real estate investment trust's stock valued at $4,332,366,000 after purchasing an additional 4,276,073 shares in the last quarter. Norges Bank purchased a new position in Digital Realty Trust during the fourth quarter valued at approximately $3,402,995,000. Finally, State Street Corp increased its holdings in Digital Realty Trust by 1.1% during the fourth quarter. State Street Corp now owns 20,649,053 shares of the real estate investment trust's stock valued at $3,219,256,000 after buying an additional 231,933 shares during the period. Institutional investors own 99.71% of the company's stock.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Mizuho set a $223.00 target price on Digital Realty Trust in a report on Monday, August 10th. TD Cowen upgraded Digital Realty Trust from a "hold" rating to a "buy" rating and lifted their price target for the company from $192.00 to $222.00 in a report on Friday, July 24th. Weiss Ratings lowered Digital Realty Trust from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday, August 12th. BTIG Research upped their price objective on Digital Realty Trust from $215.00 to $220.00 and gave the stock a "buy" rating in a research note on Thursday. Finally, Citigroup reiterated a "market outperform" rating on shares of Digital Realty Trust in a research note on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $219.61.

Insider Buying and Selling at Digital Realty Trust

In other Digital Realty Trust news, Director Mark Patterson sold 200 shares of the company's stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $193.96, for a total transaction of $38,792.00. Following the completion of the transaction, the director directly owned 6,322 shares in the company, valued at approximately $1,226,215.12. This represents a 3.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.15% of the stock is currently owned by insiders.

Digital Realty Trust Stock Up 1.7%

DLR stock opened at $188.50 on Friday. Digital Realty Trust, Inc. has a one year low of $146.23 and a one year high of $208.14. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.06 and a current ratio of 1.06. The firm's fifty day moving average is $187.33 and its 200 day moving average is $186.94. The firm has a market cap of $69.93 billion, a PE ratio of 91.51, a P/E/G ratio of 3.61 and a beta of 1.02.

Digital Realty Trust (NYSE:DLR - Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share for the quarter, missing analysts' consensus estimates of $1.98 by ($0.77). The firm had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.66 billion. Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.The company's revenue was up 28.9% on a year-over-year basis. During the same quarter last year, the company posted $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. On average, research analysts forecast that Digital Realty Trust, Inc. will post 8.4 EPS for the current year.

Digital Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a $1.22 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $4.88 dividend on an annualized basis and a dividend yield of 2.6%. Digital Realty Trust's payout ratio is 236.89%.

Digital Realty Trust Profile

Digital Realty Trust, Inc is a real estate investment trust that owns, operates and develops data centers around the world. The company provides the physical infrastructure businesses need to house information technology equipment, cloud-computing resources and critical digital systems.

Its services include data center colocation, hyperscale facilities, interconnection and related infrastructure solutions. Through its PlatformDIGITAL offering, Digital Realty helps customers connect to cloud providers, network operators, internet service providers, enterprises and other digital ecosystems.

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